Tax Documentation Checklist

• W2s and record of other income (Forms 1099):

• refunds of state income taxes
• social security benefits
• pension income

• Report of gross proceeds from the sale of stocks & bonds (Form 1099-B), as well as the date you purchased the fund, fund’s cost, dividends reinvested, and any return of principal.
• Rental property income and expenses.
• K-1s from partnerships & S-Corporations
• “Traditional” IRA contributions made during the tax year, and prior to April 15th of the next year.
• Health Coverage Statement (1095-A, 1095-B, 1095-C)
• Mortgage Interest paid (Form 1098)
• Itemized Deductions:
• Charitable Contributions
• Medical expenses & insurance (if greater than 7.5% of your income)
• Job-related expenses not reimbursed by your employer (travel, meals, supplies, auto mileage, entertainment, office in the home, etc)
• Job Search Expenses
• Union Professional dues, education/seminars; subscriptions, licenses, safety deposit box. Margin Interest Paid
• Tax Preparation Fees paid for prior year
• Child Care expenses, and tax ID number of the day care facility
• Adoption expenses paid during the year
• Moving expenses (if new job involved, and 50 mile distance test met).
• Estimated tax deposits/payments made for the year (Form 1040-ES)
• Purchase & Sale of a residence- please bring the following:
• Closing/Settlement statement on the new home you purchased during the tax year
• Closing/Settlement statement on the home you sold during the tax year
• Alimony received or paid
• Self-Employment expenses (advertising, auto mileage, commissions, insurance, interest, office supplies, rent, repairs, taxes, travel, wages, etc.)
• Copy of prior year federal and state tax returns (if prepared by a different accounting firm)
• Names, dates of birth, and social security numbers for all members of your household and dependents not living with you.
• Broker’s Statement of tax-exempt income.
• Student Loan interest paid
• College Tuition & Fees paid (for Hope or Lifetime Education Credit)
• Child tax credit for children under age 17
• IRA conversion to ROTH statements.

Do you need assistance with income tax returns, developing a tax strategy or have tax compliance issues? Contact us today to set up an in-house or virtual meeting with one of our experts who can get you on the right path.